other_material
confidence high
sentiment neutral
materiality 0.30
Orange County Bancorp closes overallotment; sells additional 258,064 shares at $23.25 for approx. $5.7M net
Orange County Bancorp, Inc. /DE/
- Underwriters exercised overallotment option for 258,064 shares at $23.25 per share.
- Net proceeds of approximately $5.7 million after underwriting discount and commissions.
- Piper Sandler & Co. and Stephens Inc. served as joint book-running managers.
- Offering made under effective shelf registration statement (Form S-3, File No. 333-280793).
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